Arabesque has released AutoCIO, an AI powered asset management solution that can generate and operate millions of customised and sustainable active equity investment strategies. Developed by Arabesque AI, part of the Arabesque Group that also includes Arabesque Asset Management, the solution enables asset managers and investment professionals to configure and build customised active strategies that can be tailored to each investor through the use of more than a thousand different investment options.
AutoCIO is powered by Arabesque’s proprietary AI Engine, which identifies and analyses patterns in data on a large scale to discover subtle relationships that can be translated into alpha opportunities. To do this, the engine processes billions of data points to forecast stock performance on a universe of 25,000 equities daily. As new data is input, the AI engine relearns what is driving stock returns and aims to improve over time, removing human bias and reducing potential for error.
Georg Kell, chairman of the Arabesque Group, says: “AutoCIO is a game-changing solution that can enable asset managers to deliver an enormous range of highly customised ESG investment strategies in a cost-efficient and scalable way. Sustainability issues are becoming a global priority and new technologies like this will empower many more investors to participate.”
Yasin Rosowsky, CEO of Arabesque AI, adds: “AutoCIO is a scalable, digital tool to build actively managed, customised solutions that meet clients’ sustainability goals. It is not a robo or passive investment solution, but fully active asset management, powered by AI.”